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168 WEST Street

168 WEST Street

Chatham, Ontario

Multi-family

$295,000

Well-maintained side-by-side duplex located on the corner of West and Gray Street in Chatham, offering strong investment potential with both units vacant and ready for market rents. 125 Gray Street has been newly renovated, providing 1+ bedroom and a modern, turnkey living space, and private fenced in yard, while 168 West Street offers a solid 2-bedroom layout with great upside, small fenced in yard and great covered porch. Recent updates include a sewer system upgrade completed in June 2024, adding long-term value and peace of mind. Situated in a central area close to amenities, this property is ideal for investors or owner-occupants looking to set their own rents. Current market data indicates average rents for 2-bedroom units in Chatham range approximately between $1,550–$1,700+ per month depending on condition and location. An opportunity to secure a fully vacant duplex with immediate income potential and flexibility to maximize returns.

Price History

Schools

Elementary

  • Victor Lauriston Public School0.8 km

    Public · Lambton Kent DSB · 320 students

    Grade 3 reading: 57% met the provincial standard · Grade 6 math: 0% met the provincial standard

  • Winston Churchill Public School1 km

    Public · Lambton Kent DSB · 250 students

    Grade 3 reading: 62% met the provincial standard · Grade 6 math: 29% met the provincial standard

  • Queen Elizabeth II C Public School1.1 km

    Public · Lambton Kent DSB · 315 students

    Grade 3 reading: 56% met the provincial standard · Grade 6 math: 15% met the provincial standard

Secondary

  • Ursuline College Chatham Catholic Secondary School1.2 km

    Catholic · St Clair CDSB · 1335 students

    Grade 10 literacy: 88% met the provincial standard

  • John McGregor Secondary School1.9 km

    Public · Lambton Kent DSB · 560 students

    Grade 10 literacy: 65% met the provincial standard

  • Chatham-Kent Secondary School2.7 km

    Public · Lambton Kent DSB · 1150 students

    Grade 10 literacy: 77% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N7M

Population
25,579
Private dwellings
11,361
Median age
44
Average household size
2.3
Median household income
$71,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Multi-family in Chatham · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of multi-family properties in Chatham over the last 12 months.

Location

Mortgage Calculator

$59,000

Estimated Monthly Payment

$1,449

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,449/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $74/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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